Ask The Broker

As self-storage brokers, we spend most of our time in the primary markets throughout Texas, but one of the interesting things that we have seen, and we have kind of touched on some of this relative to the capital markets, is an interest in secondary markets. We recently closed a portfolio out in the Permian, in West Texas, not too long ago. This was a… Read More »How Do the Capital Markets View Self Storage Compared to the Rest of the Commercial Real Estate

Somebody asked me the other day about cap rates and whether they’re important and so forth. And we admittedly said that cap rates are in fact very important, but they’re by no means the only thing that we pay attention to when looking at a facility’s value. Brandon Karr: Cap rates, of course, are the net operating income divided by the purchase price. The percentage… Read More »Self Storage Cap Rates And Why They Are Important